Heavy Commercial Vehicles Market Size, Share & Industry Analysis, By Powertrain (ICE, BEV, HEV/PHEV, LPG & Others, and Fuel Cell), By Class (Class 7 and Class 8), By Type (Tractor Units (6x4 Axle, 6x6 Axle, and Others) and Rigid Trucks (Curtain-side Truck, Box Truck, Refrigerated Truck, Tipper Truck, Tanker Truck, Flatbed Truck, and Others)), By Application (Transportation, Construction, Mining, and Agriculture), and Regional Forecast, 2024 – 2032

ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2023

Estimated Year

2024

Forecast Period

2024-2032

Historical Period

2019-2022

Growth Rate

CAGR of 3.3% from 2024 to 2032

Unit

Value (USD Billion)

Segmentation

By Propulsion

• ICE
• BEV
• HEV/PHEV
• LPG & Others
• Fuel Cell

By Class

• Class 7
• Class 8

By Type

• Tractor Units
  • 6x4 Axle
  • 6x6 Axle and Others
• Rigid Trucks
  • Curtain-side Truck
  • Box Truck
  • Refrigerated Truck
  • Tipper Truck
  • Tanker Truck
  • Flatbed Truck and Others

By Application

• Transportation
• Construction
• Mining
• Agriculture

By Region

• North America (By Powertrain, Class, Type, and Application)
  • U.S. (By Powertrain, Class, and Application)
  • Canada (By Powertrain, Class, and Application)
  • Mexico (By Powertrain, Class, and Application)
• Europe (By Powertrain, Class, Type, and Application)
  • Germany (By Powertrain, Class, and Application)
  • France (By Powertrain, Class, and Application)
  • U.K. (By Powertrain, Class, and Application)
  • Russia (By Powertrain, Class, and Application)
  • Italy (By Powertrain, Class, and Application)
  • Switzerland (By Powertrain, Class, and Application)
  • Rest of Europe (By Powertrain, Class, and Application)
• Asia Pacific (By Powertrain, Class, Type, and Application)
  • China (By Powertrain, Class, and Application)
  • Japan (By Powertrain, Class, and Application)
  • India (By Powertrain, Class, and Application)
  • South Korea (By Powertrain, Class, and Application)
  • Vietnam (By Powertrain, Class, and Application)
  • Philippines (By Powertrain, Class, and Application)
  • Australia (By Powertrain, Class, and Application)
  • Indonesia (By Powertrain, Class, and Application)
  • Rest of Asia Pacific (By Powertrain, Class, and Application)
• South America (By Powertrain, Class, Type, and Application)
  • Chile (By Powertrain, Class, and Application)
  • Brazil (By Powertrain, Class, and Application)
  • Argentina (By Powertrain, Class, and Application)
  • Peru (By Powertrain, Class, and Application)
  • Rest of South America (By Powertrain, Class, and Application)
• Middle East & Africa (By Powertrain, Class, Type, and Application)
  • Egypt (By Powertrain, Class, and Application)
  • Turkey (By Powertrain, Class, and Application)
  • Saudi Arabia (By Powertrain, Class, and Application)
  • South Africa (By Powertrain, Class, and Application)
  • Rest of the Middle East & Africa (By Powertrain, Class, and Application)